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20121112
20121120
Search Results 0 to 3 of about 4 (some duplicates have been removed)
not trade weapons or anything else for hostages. >> the iran-contra scandal nearly crippled ronald reagan's second term. marital infidelity and impeachment almost ended bill clinton's presidency. >> i earned capital in the campaign, political capital and now i intend to spend it. >> hubris slowed down george w. bush's second term followed by the war in iraq and 2008 financial crisis. with history as a guide president obama is looking to learn from his own mistakes. >> i hope and intend to be an even better president in the second term than i was in the first. >> john meacham is a pulitzer prize winning historian. he wrote about the prospects of president obama's second term. he's author of a new book "thomas jefferson, the art of power." good morning. first of all, why do presidents stumble so badly in second terms? >> absolutely, it's because, i think the president's clock now moves towards history. everybody else in washington's clock is moving towards the next election. and so his interests and their interests begin to divide as every day passes which is why it
s, of considers under ronald reagan and george w. bush's tax rates in 2003. it's interesting, i found two universal effects of those tax cuts. first, in every instance we cut the rates, the economy worked faster. it did work, mr. president, we got a lot of growth. but the second may be more interesting, is that guess what happened to the share of taxes paid by the rich. they went up, in fact, if you want to get more money, mr. president, out of rich people, cut their tax rate, don't raise them, because history proves it. >> dave: certainly did in the reagan years and another peace in the wall street journal a couple back, clinton rates, raised top tier 39.6 and as the authors of that piece said produced the one period of shared prosperity not because they raised taxes, but certainly lead to growth, right? >> no question. the 1990's was a prosperous era, but i think that sometimes people get a little of that history wrong what happened in the 1990's, president clinton raised taxes in the first year in office and remember, the first two years in office were a catastrophe and in fa
Search Results 0 to 3 of about 4 (some duplicates have been removed)